The Fair Share Report
7 Pine Rd
Medford, NJ 08055
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $486,280 – $655,139, from 12 comparable Medford sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Medford assessments sit below market value — republished every October, applied town-wide. A $559,553 home should be assessed near $323,534.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $95,166 above what the ratio math suggests (29.4%).
Step 4 · The tax rate — same for every Medford home
$2.641 Schools · 70% $0.564 County · 15% $0.549 Town · 15%
Step 5 · The bill
This home vs. every recent Medford sale · assessed ÷ market
38%92%
A touch high — worth watching
This home's ratio sits above most of Medford, but doesn't clear NJ's legal appeal line (66.49%).
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 319 TAVISTOCK DRIVE | 2025-06 | $700,000 | 2,450 | 43.1% |
| 123 PINE VALLEY DRIVE | 2026-01 | $580,000 | 2,421 | 54.0% |
| 124 HEATH ROAD | 2025-07 | $625,000 | 2,462 | 50.2% |
| 5 GEORGIA TRAIL | 2025-02 | $560,000 | 2,506 | 60.6% |
| 22 SCHOOL HOUSE DRIVE | 2025-04 | $650,000 | 2,367 | 47.1% |
| 11 MISSISSIPPI TRAIL | 2025-07 | $550,000 | 2,600 | 49.6% |
| 196 SUNNY JIM DRIVE | 2025-11 | $470,000 | 2,413 | 66.4% |
| 1 STRAFFORD CIRCLE ROAD | 2025-05 | $750,000 | 2,636 | 44.3% |
| 13 OREGON TRAIL | 2025-03 | $647,000 | 2,527 | 45.6% |
| 282 HOPEWELL ROAD | 2025-02 | $518,000 | 2,606 | 54.7% |
| 15 OHIO TRAIL | 2026-05 | $395,000 | 2,385 | 65.8% |
| 18 TOMAHAWK COURT | 2026-03 | $550,000 | 2,702 | 62.8% |
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